Cooper Standard(CPS) - 2024 Q3 - Quarterly Results

Cooper Standard Reports Third Quarter Results; Continuing Lean Initiatives Delivering Cost Savings as Planned NORTHVILLE, Mich., October 31, 2024 -- Cooper-Standard Holdings Inc. (NYSE: CPS) today reported results for the third quarter 2024. Third Quarter 2024 Summary • Savings of $24.5 million realized from lean operations and cost initiatives • Net loss of$11.1 million, or $(0.63) per diluted share • Adjusted net loss of$12.0 million, or $(0.68) per diluted share • Adjusted EBITDA of$46.1 million, or 6 ...